BTIG raised Snowflake's stock price target to $235, praising AI initiatives and growth potential.

From Yahoo Finance: 2025-06-25 18:25:00

BTIG raised Snowflake’s price target to $235, citing steady product momentum and revenue growth of 27.5% over the past year. The firm praised Snowflake’s AI initiatives, recent acquisition of Crunchy Data, and growing adoption of Iceberg Tables. BTIG sees short-term and mid-term growth potential, but suggests other AI stocks may offer higher returns.

Read more: BTIG raises Snowflake stock price target citing AI initiatives